American Households Are Getting Richer And These 2 Charts Show It

According to the Federal Reserve, the net worth of all U.S. households combined recently hit a new all-time high at $80.66 trillion. That’s remarkable, and especially so when considering that before the 2008 Global Financial Crisis the all-time high was $76.59 trillion. How far we’ve come. Here’s a great chart from the WSJ:

Also according to the Federal Reserve, stocks are becoming increasingly more valuable and important to U.S. households. As a percentage of total household assets, stocks now represent 34.1%. That is the highest level since 2007. Here’s a chart from @JLyonsFundMgmt:

Of course, the one thing these two charts do not account for is the dispersion of wealth. So while net worth for US households is at an all-time high and more households are holding stocks it may simply be concentrated to one specific class or demographic. If you have any opinions or commentary about this exactly, let me know by hitting ‘Reply’ in the message box below:

What do you think of this story: American households as a whole are getting richer? Or just one subset of people? http://stks.co/s05f5

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